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home / articles / despite us china tensions baidu boosts ties with app mwn benzinga


TECH - Despite US-China Tensions Baidu Boosts Ties with Apple and Tesla For Major Role in AI and Autonomous Tech | Benzinga

Baidu Inc (NASDAQ:BIDU) is forming tighter connections with U.S. tech giants like Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA), leveraging China’s overseas data transfer restrictions to expand its focus beyond its traditional search business. 

Reports indicated that Apple has engaged in preliminary discussions to incorporate Baidu’s generative AI technology into its devices. CEO Tim Cook’s Shanghai store launch highlights Apple’s ambitions in the country despite geopolitical tensions.

Baidu is reducing its dependence on ad revenue by enhancing its cloud services and pushing into AI and autonomous driving technologies, Nikkei Asia 

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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